About Inverse Finance
INV is an Ethereum token that powers Inverse Finance, a decentralized platform for lending, borrowing, and creating synthetic assets. INV is used to govern Inverse Finance products and can be used to vote for future upgrades.
Buy Inverse FinanceTrading Insights
Buyer Ratio
Traders
40
-23.08%
Buyers
21
-8.7%
Sellers
22
-26.67%
Searched
108
Market Stats
Market Cap
£28.75M
0.12%
FDV
£29.20M
Circ. Supply
708K INV
Max Supply
Not enough data
Total Supply
719K INV
Diluted Valuation
£29.24M
Performance
Popularity
#685
Dominance
0%
Volume (24H)
£271.86K
175.21%
Volume (7D)
£1.28M
Volume (30D)
£10.03M
All time high
£1.32K
Price Change (1Y)
156.37%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Investment risk
Baseline risk: All crypto-assets are risky, regardless of the type of token you hold. Here are some 'baseline' risks to be aware of before deciding to invest.
Investment risk: The performance of most crypto-assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto-assets.
Lack of protections: Crypto-assets are largely unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will protect you in the event something goes wrong with your crypto-asset investments.
Crypto-assets are complex: It may be difficult to understand the risks associated with a crypto-asset investment. Do your own research and if something sounds too good to be true, it probably is.
Don't put all your eggs in one basket: Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well. A good rule of thumb is not to invest more than 10% of your money in high-risk investments such as crypto-assets.
Defi tokens: Decentralised Finance (or 'DeFi') tokens (e.g. UNI, AAVE) are crypto-assets linked to financial applications and protocols built on decentralised blockchain technology.
Smart contract risk: DeFi relies heavily on smart contracts. Even a minor coding error or oversight can lead to a contract being exploited, potentially resulting in significant losses for DeFi tokens.
Regulatory risk: DeFi operates in a decentralized manner, often without intermediaries or financial crime controls. Regulatory bodies across jurisdictions might introduce new regulations impacting the use, value, or legality of certain DeFi protocols or assets. For example, the Perpetual Protocol (PERP) and Quickstop (QUICK) protocols may be accessible in jurisdictions where some or all the available activity may need to be regulated now or in the future. If a regulator deemed the activity to be in breach of regulation, this could seriously impact token value.
Rug-pulls / Exit scams: Some DeFi projects might be launched by anonymous or pseudonymous teams, increasing the risk of "rug pulls" where developers abandon the project and withdraw funds, leaving investors with worthless tokens.
Data/oracle risk: DeFi protocols often rely on external data sources or 'oracles'. Manipulation or inaccuracies in these data sources can lead to unintended financial outcomes within the protocols.
Protocol complexity: The complexity of some DeFi protocols can make it difficult for average users to fully understand the mechanisms and associated risks.
Additional details
Recent trends
The price of Inverse Finance has increased by 0.80% in the last hour and increased by 1.40% in the past 24 hours. Inverse Finance’s price has also fallen by 3.27% in the past week. The current price is £40.47 per INV with a 24-hour trading volume of £271.86K. Currently, Inverse Finance is valued at 96.94% below its all time high of £1,322.38. This all-time high was the highest price paid for Inverse Finance since its launch.
The current circulating supply of Inverse Finance is 708,066.315 INV which means that Inverse Finance has as total market cap of £28,752,490.69.
Market details
INV vs markets
↗ 37.84%
INV vs BTC
↗ 40.85%
INV vs ETH
↗ 47.94%
Tags
defi
dao
yield-aggregator
lending-borowing
Network & Addresses
Network | Address | |
---|---|---|
Ethereum | 0x41D5D79431A913C4aE7d69a668ecdfE5fF9DFB68 |
Price history
Time | Price | Change |
---|---|---|
Today | £40.47 | ↗ 1.40% |
1 Day | £41.00 | ↗ 1.40% |
1 Week | £42.73 | ↘ 3.27% |
1 Month | £33.37 | ↗ 24.59% |
1 Year | £16.42 | ↗ 156.37% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
Inverse Finance is a decentralized finance (DeFi) protocol that seeks to offer a different way for users to interact with the cryptocurrency market. The protocol is built around two primary components: the DOLA stablecoin and the INV governance token. DOLA is a fully collateralized cross-chain stablecoin, designed to maintain a stable value relative to the US dollar. The INV token, on the other hand, is a governance token that allows holders to participate in the decision-making process of the Inverse Finance ecosystem. The protocol also includes a unique feature known as DOLA Borrowing Rights (DBRs), which replace traditional interest rates with a fixed fee, potentially providing more predictable costs for borrowers.
Inverse Finance operates on the Ethereum blockchain and utilizes smart contracts to automate its functions. The protocol's primary function is to facilitate borrowing and lending of the DOLA stablecoin. Users can deposit collateral to borrow DOLA at a fixed rate for an unlimited duration using DOLA Borrowing Rights (DBRs). The INV token plays a crucial role in the protocol's governance, allowing holders to vote on various proposals and changes to the protocol. Additionally, INV stakers can earn DBR rewards, providing them with a potential source of yield. The protocol also includes a feature known as Personal Collateral Escrows, which isolates deposits by user and ensures that user collateral can never be borrowed.
Inverse Finance seeks to provide a range of use cases for its users. One of the primary use cases is borrowing and lending of the DOLA stablecoin. Users can borrow DOLA for a fixed rate for an unlimited duration, potentially providing a more predictable and manageable borrowing experience compared to traditional variable interest rates. Additionally, users can earn yield by staking their INV tokens and receiving DBR rewards. The protocol features include on-chain voting and third-party security audits.
Inverse Finance was designed with the goal of improving the borrowing and lending experience in the DeFi space. The protocol was built from the ground up with security in mind, incorporating features such as Personal Collateral Escrows and improved price oracle technology. The protocol has undergone full audits and is assessed by DefiSafety, a platform that evaluates the security of DeFi protocols. Inverse Finance has also implemented a bug bounty program, inviting developers and security researchers to identify potential vulnerabilities in the protocol. The protocol is continually updated to meet the needs of its users.
We update our Inverse Finance to GBP currency in real-time. Get the live price of Inverse Finance on Coinbase.
The current market cap of Inverse Finance is £28.75M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Inverse Finance is £1,322.38. This all-time high is highest price paid for Inverse Finance since it was launched.
Over the last 24 hours, the trading volume of Inverse Finance is £271.86K.
Assets that have a similar market cap to Inverse Finance include My Lovely Planet, NYM, Ancient8, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Inverse Finance is 708 thousand.
Inverse Finance ranks 253 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
Currently, 80% of Coinbase users are buying Inverse Finance. In other words, 80% of Coinbase customers have increased their net position in Inverse Finance over the past 24 hours through trading.
Yes, Inverse Finance is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Inverse Finance guide.
Social stats
Popularity in posts
#1351
Contributors
27
Posts
130
% About Inverse Finance
0.022%
Hold times
0 days
X (Twitter)
2.18% bullish
Sentiment
2.5 ★
Highlights
27 unique individuals are talking about Inverse Finance and it is ranked #1,351 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Inverse Finance has an average sentiment score of 49 out of 5. Finally, Inverse Finance is becoming less newsworthy, with 0 news articles published about Inverse Finance.
On Twitter, people are mostly neutral about Inverse Finance. There were 2.5% of tweets with bullish sentiment compared to 15.02% of tweets with a bearish sentiment about Inverse Finance. 97.5% of tweets were neutral about Inverse Finance. These sentiments are based on 117 tweets.
On Reddit, Inverse Finance was mentioned in 0 Reddit posts and there were 0 comments about Inverse Finance. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
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